The future of Bank Muamalat is uncertain after Minna Padi failed to enter as a new investor. The government is reportedly busy helping to save the oldest sharia bank in Indonesia.
Competition in the Indonesian clinical laboratory business will be tighter with the arrival of Kalbe Farma, which is developing Kalgen Innolab.
Astra has entered the digital business by becoming the biggest investor of Go-Jek. In addition to automotive sales and financial services, synergy with Go-Jek aims to accelerate the digitalisation.
The role of the Bakrie family’s third generation has increased the Group’s companies, but they have to face that the companies are still trying to get out of debt.
Companies are eyeing up the opportunities to develop digital special economic zones as the forerunners for digital or smart cities.
Following the rice case involving its subsidiary, Tiga pilar may not be able to settle its conventional bond and Sukuk Ijarah debt worth Rp 900 billion.
After being acquired by Industrial Bank of Korea, Bank Agris will be eligible to upgrade to a BUKU II category bank (core capital above Rp 1 trillion) as part of plans to develop digital banking.
TCash e-money services will spin-off from Telkomsel in the first quarter of 2018. This step is aimed at expanding its user base.